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(ESSARSHPNG_BE) Essar Shipping complete technical analysis [charts+indicators] | Buy/Sell Essar Shipping | (ESSARSHPNG_BE) share price targets

Complete technical analysis of Essar Shipping (ESSARSHPNG_BE) by charts plus indicators, forecast predictions and share price targets for Essar Shipping (ESSARSHPNG_BE)

Showing technical analysis as on 2025-06-09 View latest technical analysis

10 day averaged volume of Essar Shipping is 97208

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	31.34	31.36	32.15	31.11	0.626 times
06 Fri Jun 2025	31.36	31.42	32.50	31.00	1.145 times
05 Thu Jun 2025	31.42	31.37	31.90	30.60	1.044 times
04 Wed Jun 2025	31.37	31.56	31.95	30.20	1.21 times
03 Tue Jun 2025	31.56	32.34	32.74	31.16	0.81 times
02 Mon Jun 2025	32.28	31.35	33.00	31.35	0.921 times
30 Fri May 2025	32.41	33.22	33.22	31.66	1.427 times
29 Thu May 2025	33.20	33.10	33.25	32.30	0.813 times
28 Wed May 2025	33.04	33.11	33.50	32.60	1.112 times
27 Tue May 2025	32.47	32.76	33.38	32.00	0.585 times

My analysis of stock is bullish for shortterm, and stock might move up till 33.8 or till 38.6. Use a stoploss of 29.88 and if this stock hits its stoploss, then it can fall down till 25.93

Share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Target	21.56
Downside Target	23.56
Downside Target	26.20
Downside Target	28.75
Downside Target	30.20
Downside Target	31.11
Upside Target	33.00
Upside Target	33.85
Upside Target	34.50
Upside Target	35.40
Upside Target	36.85

Intraday share price targets for Essar Shipping (ESSARSHPNG_BE)

Target Type	Value
Downside Intraday Target	30.92
Downside Intraday Target	30.49
Upside Intraday Target	31.96
Upside Intraday Target	32.57
Upside Intraday Target	31.53

Weekly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	31.34	31.36	32.15	31.11	0.122 times
06 Fri Jun 2025	31.36	31.35	33.00	30.20	1.053 times
30 Fri May 2025	32.41	33.85	33.85	31.50	2.128 times
23 Fri May 2025	32.96	32.25	34.50	31.90	0.293 times
28 Fri Mar 2025	21.65	26.20	26.20	21.60	1.162 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Essar Shipping (ESSARSHPNG_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	31.34	31.35	33.00	30.20	0.803 times
30 Fri May 2025	32.41	32.25	34.50	31.50	0.286 times
28 Fri Mar 2025	21.65	23.80	26.49	21.56	1.694 times
28 Fri Feb 2025	23.67	34.17	35.40	23.56	0.651 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Essar Shipping (ESSARSHPNG_BE)

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Essar Shipping ( (ESSARSHPNG_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Essar Shipping stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Essar Shipping in short term but the sell signal is initial and weak.

Essar Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Essar Shipping in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Essar Shipping is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.04 and Essar Shipping (ESSARSHPNG_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Essar Shipping (ESSARSHPNG_BE) stock. Volume based technical analysis of Essar Shipping (ESSARSHPNG_BE) stock is negative.

Essar Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.